The Internet and social media have enabled more competition in the form of alternative content.
DPM Lawrence Wong noted that the Internet and social media have enabled much more competition in the form of alternative content online.
Traditional news outlets compete for ad sales with platforms like Google and Meta, and for attention with everything from Netflix to TikTok. The traditional media model involved bundling services of differing profitabilities – such as news reporting and lifestyle offerings – as a package to be delivered through a common distribution platform.
In 2020, the Ministry of Communications and Information said in a parliamentary reply that about $310 million is annually allocated to support public service broadcasting programmes, including those across Mediacorp’s TV channels and radio stations.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Actress Fann Wong announces engagement on social mediaSingaporean actress Fann Wong has announced her engagement on social media. She shared photos of herself with her fiance, whose identity was not disclosed, and revealed that they have not been dating long but have many things in common. Wong is known for her roles in Singapore director Jack Neo's films Ah Girls Go Army and Ah Boys To Men 4.
Read more »
Spectre of online falsehoods ‘more challenging’ with rise of AI; media outlets have role to play: DPM WongRigorous and robust fact-checking remain the “best defence” against misinformation and falsehoods, said Deputy Prime Minister Lawrence Wong.
Read more »
Spectre of online falsehoods ‘more challenging’ with rise of AI; media outlets have role to play: DPM WongSINGAPORE — With half-truths and misinformation spreading “more quickly” than facts, the spectre of online falsehoods will only become “more challenging” to tackle given the rise of artificial intelligence (AI), said Deputy Prime Minister Lawrence Wong on Tuesday (March 19).
Read more »
Reasons to be upbeat about S’pore’s prospects, despite difficult challenges ahead: DPM HengHe called for sustained economic transformation and a strong innovation ecosystem.
Read more »
Australian Foreign Minister Penny Wong marries long-time partnerMs Wong and her partner Sophie Allouache have been together for nearly two decades.
Read more »
NUS boosts deep tech innovation with $20m funding for start-ups and researchersResearchers need an instinct for turning research into impactful solutions, said DPM Heng at an NUS deep tech showcase.
Read more »